Little Rock USDA Loan Rates, Closing Costs & Stats

LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR

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    • USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.

    Little Rock's 47 lenders originated 244 USDA loans during 2023. The total origination value was $43,640,000, with an average USDA loan value of $178,852.

    Little Rock USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Little Rock averaged 6.61% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Little Rock's average USDA mortgage closing costs are $4,430.

    The average rate for the prior week (2025-02-07) was 6.27% and one month ago for the week of 2025-01-10, the average rate was 6.31%.

    The average rate one year ago was 6.51%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.14%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Little Rock USDA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Little Rock level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FirstTrust Home Loans, Inc. 54 6.79% $6,516
    CORNERSTONE HOME LENDING, INC. 27 6.68% $6,871
    FLAT BRANCH MORTGAGE, INC. 18 6.83% $6,313
    Eagle Bank and Trust Company 16 6.49% $5,955
    PRIMARY RESIDENTIAL MORTGAGE, INC. 11 6.82% $6,610
    Bank of England 8 6.14% $5,822
    UNITED WHOLESALE MORTGAGE, LLC 8 6.86% $5,209
    First Security Bank 8 6.16% $3,338
    Simmons Bank 6 7.02% $6,449
    CROSSCOUNTRY MORTGAGE, LLC 6 6.62% $6,955
    Centennial Bank 5 6.08% $7,086
    Arvest Bank 5 6.53% $5,196
    EVERETT FINANCIAL, INC. 5 7.13% $5,510
    Chambers Bank 4 5.94% $5,215
    First Horizon Bank 4 6.75% $5,175
    SENTE MORTGAGE, INC. 4 6.94% $6,123
    MOVEMENT MORTGAGE, LLC 4 7.09% $6,992
    GERSHMAN INVESTMENT CORP. 3 7.00% $4,308
    PILGRIM MORTGAGE LLC 3 7.46% $4,376
    Citizens Bank 3 7.04% $5,037
    First Community Bank 3 6.13% $5,994
    GMFS LLC 2 6.00% $4,461
    DAS Acquisition Company, LLC 2 6.38% $7,451
    MORTGAGE INVESTORS GROUP, INC. 2 6.31% $5,196
    NEWREZ LLC 2 6.63% $6,185
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 2 6.19% $4,973
    Sierra Pacific Mortgage Company, Inc. 2 6.75% $6,377
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 6.81% $5,179
    First Financial Bank 2 6.38% $4,754
    COMMUNITY MORTGAGE CORPORATION 2 6.56% $5,408
    GUARANTEED RATE, INC. 2 7.13% $6,046
    Waterstone Mortgage Corporation 1 6.63% $8,011
    Assurance Financial Group, L.L.C. 1 5.99% $5,170
    Blue Ridge Bank 1 6.13% $4,914
    BROKER SOLUTIONS, INC. 1 7.25% $5,533
    CARDINAL FINANCIAL 1 7.13% $2,513
    ENCORE BANK 1 6.49% $4,383
    Evolve Bank & Trust 1 6.88% $5,777
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $4,958
    Farmers Bank & Trust Company 1 6.25% $5,157
    First Option Mortgage, LLC 1 6.00% $5,145
    Gateway First Bank 1 6.75% $3,785
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.38% $7,595
    Magnolia Bank 1 5.75% $5,442
    MORTGAGE FINANCIAL SERVICES, LLC 1 6.63% $6,738
    Paramount Residential Mortgage Group, Inc. 1 7.13% $6,698
    Regions Bank 1 5.75% $6,357

    The top Little Rock USDA lender as defined by loan originations is FirstTrust Home Loans, Inc., with 54 USDA loans originated. Their average total fees are $6,516, which is $355 lower than the next largest lender, CORNERSTONE HOME LENDING, INC..

    The lowest fee Little Rock USDA lenders (with over 10 loans originated) are Eagle Bank and Trust Company ($5,955), FLAT BRANCH MORTGAGE, INC. ($6,313), FirstTrust Home Loans, Inc. ($6,516), PRIMARY RESIDENTIAL MORTGAGE, INC. ($6,610) and CORNERSTONE HOME LENDING, INC. ($6,871).

    The lowest rate Little Rock USDA lenders (with over 10 loans originated) are Eagle Bank and Trust Company (6.49%), CORNERSTONE HOME LENDING, INC. (6.68%), FirstTrust Home Loans, Inc. (6.79%), PRIMARY RESIDENTIAL MORTGAGE, INC. (6.82%) and FLAT BRANCH MORTGAGE, INC. (6.83%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Little Rock (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $175,450 (9.7%) $244,331 (12.8%) 0.65 3,008
    2018-02-01 $179,900 (11.5%) $245,904 (12.3%) 0.65 2,995
    2018-03-01 $181,700 (7.7%) $244,910 (9.0%) 0.64 3,030
    2018-04-01 $186,000 (10.1%) $250,433 (10.7%) 0.63 3,070
    2018-05-01 $189,500 (11.5%) $257,160 (11.5%) 0.63 3,231
    2018-06-01 $189,900 (10.1%) $258,132 (9.6%) 0.63 3,319
    2018-07-01 $189,700 (8.5%) $254,723 (7.6%) 0.63 3,423
    2018-08-01 $189,900 (9.0%) $251,638 (6.7%) 0.64 3,470
    2018-09-01 $189,000 (8.1%) $251,963 (6.9%) 0.64 3,531
    2018-10-01 $189,900 (9.1%) $251,671 (7.2%) 0.64 3,643
    2018-11-01 $189,650 (8.7%) $251,164 (6.4%) 0.64 3,468
    2018-12-01 $188,800 (8.0%) $250,193 (4.1%) 0.65 3,354
    2019-01-01 $185,000 (5.4%) $248,244 (1.6%) 0.64 3,215
    2019-02-01 $188,000 (4.5%) $251,454 (2.3%) 0.63 3,136
    2019-03-01 $194,186 (6.9%) $258,802 (5.7%) 0.64 3,091
    2019-04-01 $199,925 (7.5%) $267,098 (6.7%) 0.63 3,061
    2019-05-01 $202,250 (6.7%) $272,629 (6.0%) 0.63 3,053
    2019-06-01 $205,000 (8.0%) $275,660 (6.8%) 0.64 3,048
    2019-07-01 $206,200 (8.7%) $276,153 (8.4%) 0.65 2,993
    2019-08-01 $207,882 (9.5%) $278,099 (10.5%) 0.66 2,952
    2019-09-01 $208,455 (10.3%) $277,606 (10.2%) 0.67 2,891
    2019-10-01 $209,400 (10.3%) $277,420 (10.2%) 0.68 2,841
    2019-11-01 $205,000 (8.1%) $274,018 (9.1%) 0.67 2,764
    2019-12-01 $204,050 (8.1%) $276,534 (10.5%) 0.68 2,604
    2020-01-01 $200,800 (8.5%) $276,590 (11.4%) 0.67 2,410
    2020-02-01 $210,000 (11.7%) $281,136 (11.8%) 0.69 2,318
    2020-03-01 $219,750 (13.2%) $285,053 (10.1%) 0.69 2,311
    2020-04-01 $219,375 (9.7%) $283,611 (6.2%) 0.69 2,280
    2020-05-01 $232,950 (15.2%) $295,003 (8.2%) 0.71 2,021
    2020-06-01 $239,450 (16.8%) $304,680 (10.5%) 0.71 1,858
    2020-07-01 $244,000 (18.3%) $311,652 (12.9%) 0.71 1,758
    2020-08-01 $245,000 (17.9%) $319,702 (15.0%) 0.70 1,615
    2020-09-01 $240,575 (15.4%) $320,572 (15.5%) 0.69 1,483
    2020-10-01 $244,500 (16.8%) $329,144 (18.6%) 0.70 1,425
    2020-11-01 $240,825 (17.5%) $329,422 (20.2%) 0.70 1,338
    2020-12-01 $239,450 (17.4%) $330,942 (19.7%) 0.71 1,209
    2021-01-01 $230,000 (14.5%) $331,857 (20.0%) 0.69 994
    2021-02-01 $244,950 (16.6%) $335,257 (19.3%) 0.71 849
    2021-03-01 $250,500 (14.0%) $341,285 (19.7%) 0.71 794
    2021-04-01 $248,950 (13.5%) $342,620 (20.8%) 0.67 764
    2021-05-01 $239,000 (2.6%) $334,487 (13.4%) 0.63 746
    2021-06-01 $235,000 (-1.9%) $330,199 (8.4%) 0.62 819
    2021-07-01 $245,000 (0.4%) $332,199 (6.6%) 0.65 989
    2021-08-01 $249,450 (1.8%) $332,586 (4.0%) 0.67 1,081
    2021-09-01 $249,450 (3.7%) $330,521 (3.1%) 0.67 1,089
    2021-10-01 $249,000 (1.8%) $327,830 (-0.4%) 0.66 1,001
    2021-11-01 $232,950 (-3.3%) $314,662 (-4.5%) 0.62 973
    2021-12-01 $236,725 (-1.1%) $318,918 (-3.6%) 0.64 869
    2022-01-01 $238,900 (3.9%) $317,773 (-4.2%) 0.65 773
    2022-02-01 $241,925 (-1.2%) $334,272 (-0.3%) 0.63 668
    2022-03-01 $251,575 (0.4%) $363,892 (6.6%) 0.63 692
    2022-04-01 $285,000 (14.5%) $371,117 (8.3%) 0.68 713
    2022-05-01 $289,900 (21.3%) $370,117 (10.7%) 0.66 834
    2022-06-01 $289,598 (23.2%) $368,833 (11.7%) 0.65 941
    2022-07-01 $280,000 (14.3%) $358,019 (7.8%) 0.63 1,154
    2022-08-01 $278,600 (11.7%) $349,686 (5.1%) 0.65 1,263
    2022-09-01 $284,700 (14.1%) $348,957 (5.6%) 0.67 1,251
    2022-10-01 $296,000 (18.9%) $355,164 (8.3%) 0.70 1,308
    2022-11-01 $289,950 (24.5%) $343,572 (9.2%) 0.70 1,452
    2022-12-01 $299,900 (26.7%) $347,701 (9.0%) 0.74 1,343
    2023-01-01 $300,000 (25.6%) $348,170 (9.6%) 0.74 1,229
    2023-02-01 $303,745 (25.6%) $350,697 (4.9%) 0.73 1,132
    2023-03-01 $303,475 (20.6%) $352,010 (-3.3%) 0.72 1,122
    2023-04-01 $315,000 (10.5%) $358,629 (-3.4%) 0.73 1,118
    2023-05-01 $312,950 (8.0%) $366,264 (-1.0%) 0.71 1,171
    2023-06-01 $321,500 (11.0%) $377,181 (2.3%) 0.72 1,236
    2023-07-01 $325,000 (16.1%) $386,719 (8.0%) 0.74 1,287
    2023-08-01 $320,450 (15.0%) $381,768 (9.2%) 0.74 1,320
    2023-09-01 $319,900 (12.4%) $367,463 (5.3%) 0.74 1,490
    2023-10-01 $295,000 (-0.3%) $352,688 (-0.7%) 0.69 1,682
    2023-11-01 $299,450 (3.3%) $360,011 (4.8%) 0.71 1,748
    2023-12-01 $299,900 (0.0%) $356,070 (2.4%) 0.73 1,757
    2024-01-01 $296,000 (-1.3%) $350,869 (0.8%) 0.72 1,670
    2024-02-01 $299,450 (-1.4%) $353,066 (0.7%) 0.72 1,641
    2024-03-01 $309,900 (2.1%) $361,513 (2.7%) 0.73 1,632
    2024-04-01 $315,000 (0.0%) $372,747 (3.9%) 0.73 1,653
    2024-05-01 $304,000 (-2.9%) $367,964 (0.5%) 0.70 1,812
    2024-06-01 $298,200 (-7.3%) $362,010 (-4.0%) 0.67 2,013
    2024-07-01 $296,500 (-8.8%) $364,066 (-5.9%) 0.68 2,218
    2024-08-01 $290,000 (-9.5%) $360,886 (-5.5%) 0.67 2,361
    2024-09-01 $291,000 (-9.0%) $356,316 (-3.0%) 0.68 2,463
    2024-10-01 $289,000 (-2.0%) $354,101 (0.4%) 0.68 2,462
    2024-11-01 $285,000 (-4.8%) $352,267 (-2.2%) 0.68 2,497
    2024-12-01 $287,000 (-4.3%) $347,532 (-2.4%) 0.71 2,392
    2025-01-01 $283,725 (-4.2%) $344,921 (-1.7%) 0.00 2,263
    Little Rock's median listing price for 2025-01-01 was $283,725, a difference of $-12,275 (-4.2%) versus the prior year and $-3,275 versus the prior month.

    Little Rock's median listing price comes in at 0% of the national average.

    Little Rock's average listing price for 2025-01-01 was $344,921, a difference of $-5,948 (-1.7%) versus the prior year and $-2,611 versus the prior month.

    For the 2025-01-01 period, Little Rock had 2,263 MLS listings, a difference of -129 listings (-5%) versus the prior month and 593 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Little Rock (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 77 days 1,909 sqft
    2018-02-01 66 days 1,910 sqft
    2018-03-01 55 days 1,928 sqft
    2018-04-01 55 days 1,940 sqft
    2018-05-01 52 days 1,952 sqft
    2018-06-01 53 days 1,961 sqft
    2018-07-01 55 days 1,956 sqft
    2018-08-01 57 days 1,955 sqft
    2018-09-01 60 days 1,937 sqft
    2018-10-01 64 days 1,942 sqft
    2018-11-01 66 days 1,924 sqft
    2018-12-01 74 days 1,902 sqft
    2019-01-01 72 days 1,898 sqft
    2019-02-01 63 days 1,899 sqft
    2019-03-01 55 days 1,944 sqft
    2019-04-01 55 days 1,998 sqft
    2019-05-01 53 days 2,010 sqft
    2019-06-01 58 days 2,021 sqft
    2019-07-01 59 days 2,035 sqft
    2019-08-01 60 days 2,045 sqft
    2019-09-01 63 days 2,036 sqft
    2019-10-01 63 days 2,034 sqft
    2019-11-01 65 days 2,025 sqft
    2019-12-01 71 days 2,023 sqft
    2020-01-01 68 days 2,000 sqft
    2020-02-01 55 days 2,050 sqft
    2020-03-01 52 days 2,091 sqft
    2020-04-01 56 days 2,073 sqft
    2020-05-01 62 days 2,146 sqft
    2020-06-01 52 days 2,148 sqft
    2020-07-01 46 days 2,146 sqft
    2020-08-01 43 days 2,150 sqft
    2020-09-01 44 days 2,142 sqft
    2020-10-01 44 days 2,129 sqft
    2020-11-01 46 days 2,123 sqft
    2020-12-01 52 days 2,081 sqft
    2021-01-01 56 days 2,045 sqft
    2021-02-01 45 days 2,062 sqft
    2021-03-01 40 days 2,039 sqft
    2021-04-01 31 days 1,973 sqft
    2021-05-01 25 days 1,928 sqft
    2021-06-01 24 days 1,899 sqft
    2021-07-01 24 days 1,978 sqft
    2021-08-01 32 days 1,976 sqft
    2021-09-01 38 days 1,978 sqft
    2021-10-01 40 days 1,949 sqft
    2021-11-01 37 days 1,911 sqft
    2021-12-01 45 days 1,941 sqft
    2022-01-01 47 days 1,969 sqft
    2022-02-01 36 days 1,929 sqft
    2022-03-01 30 days 1,926 sqft
    2022-04-01 25 days 2,032 sqft
    2022-05-01 26 days 2,037 sqft
    2022-06-01 29 days 2,066 sqft
    2022-07-01 29 days 1,996 sqft
    2022-08-01 34 days 2,020 sqft
    2022-09-01 39 days 2,050 sqft
    2022-10-01 38 days 2,084 sqft
    2022-11-01 40 days 2,041 sqft
    2022-12-01 51 days 2,058 sqft
    2023-01-01 52 days 2,023 sqft
    2023-02-01 48 days 2,008 sqft
    2023-03-01 46 days 1,993 sqft
    2023-04-01 40 days 2,023 sqft
    2023-05-01 38 days 2,088 sqft
    2023-06-01 39 days 2,117 sqft
    2023-07-01 39 days 2,146 sqft
    2023-08-01 40 days 2,121 sqft
    2023-09-01 38 days 2,104 sqft
    2023-10-01 43 days 1,975 sqft
    2023-11-01 46 days 2,000 sqft
    2023-12-01 56 days 1,991 sqft
    2024-01-01 54 days 1,956 sqft
    2024-02-01 52 days 1,952 sqft
    2024-03-01 45 days 1,991 sqft
    2024-04-01 45 days 2,035 sqft
    2024-05-01 38 days 2,025 sqft
    2024-06-01 41 days 1,968 sqft
    2024-07-01 45 days 1,945 sqft
    2024-08-01 46 days 1,925 sqft
    2024-09-01 50 days 1,920 sqft
    2024-10-01 54 days 1,904 sqft
    2024-11-01 57 days 1,904 sqft
    2024-12-01 61 days 1,910 sqft
    2025-01-01 0 days 1,889 sqft
    Little Rock's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Little Rock's median square footage for active listings during the 2025-01-01 period was 1,889 sqft. One year prior, the average listing was 1,956 sqft.